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Level 1
posted Jan 28, 2023 5:18:08 AM

After I retired the company gave me my last vehicle. Should that be reported on the w-2 which brings in SSI or another way?

They then adjusted my Fed and State withholding to cover SSI.

0 3 759
3 Replies
Expert Alumni
Jan 28, 2023 5:59:51 AM

Please clarify what you mean when you say 
 

"They then adjusted my Fed and State withholding to cover SSI."

 

You might ask your former employer if they intend to issue a 1099 to you for the value of the vehicle. 

Level 15
Jan 28, 2023 6:01:44 AM
Level 1
Jan 28, 2023 6:24:45 AM

They reduced my withholding on fed and state on the w-2 to cover SSi withholding.